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Daily Money Show #306: Stock Market News

Original: # 306 Daily Money Show | Money Purse Stock Market News

54.3K views · May 05, 2022 · 13:41 min · Watch on YouTube ↗
Takeaway

Prudent Corporate Advisory's IPO offered strong revenue (+69%) and PAT (+58%) growth at ₹595-630 price band.

Summary

  • Two IPO highlights discussed: Venus Pipes & Tubes (IPO opens May 11, closes May 13) and Prudent Corporate Advisory Services (IPO opens May 10, closes May 12).
  • Prudent Corporate Advisory IPO priced at ₹595-630 per share; issue size ₹538.6 cr.
  • Operating revenue growth 69.36%, operating EBITDA growth 14.34%, PAT growth 57.99% — strong fundamentals for the issue.
  • Episode is brief and IPO-focused.
ipoprudent-corporatevenus-pipes
Original description
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